| SB 1158 | Clarifies classification of nonresident professional athletes for income tax purposes |
| Sponsor: | Rohrbach | Co-Sponsor(s) | ||
| LR Number: | 4674L.01I | Fiscal Note: | 4674-01 | |
| Committee: | Ways and Means | |||
| Last Action: | 03/19/02 - Voted Do Pass S Ways & Means Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2002 | |||
SB 1158 - This act clarifies treatment of income to members
of professional athletic teams. Pursuant to the act, a team
member whose team is based or headquartered within this state is
treated as a resident of the state. The tax revenue raised from
such member's income taxes goes to the state general revenue
fund.
JEFF CRAVER